United States Brent Oil Fund (BNO) Operating Expenses (2010 - 2026)

United States Brent Oil Fund has reported Operating Expenses for 17 years, with the latest figure at $634670.0 in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 116.65% year-over-year to $634670.0; the trailing twelve-month figure through Mar 2026 stood at $1.5 million (down 7.11% YoY), and the FY2025 full-year result was $1.1 million, down 33.24% from the prior year.
• Operating Expenses for Q1 2026 stood at $634670.0, up from $274099.0 in the prior quarter.
• The five-year high for Operating Expenses was $820023.0 in Q2 2022, with the low at $239057.0 in Q2 2025.
• Historically, Operating Expenses has averaged $461247.8 across 5 years, with a median of $411464.0 in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses sank 46.47% — and 2026, when it surged 116.65%.
• United States Brent Oil Fund's Operating Expenses stood at $559605.0 in 2022, then declined by 28.35% to $400950.0 in 2023, then increased by 2.62% to $411464.0 in 2024, then tumbled by 33.38% to $274099.0 in 2025, then soared by 131.55% to $634670.0 in 2026.
• The last three Operating Expenses figures came in at $634670.0 (Q1 2026), $274099.0 (Q4 2025), and $312637.0 (Q3 2025), per Business Quant data.